Ford. A Sloppy Looking Chart

It looks ugly.

..

So here is the thing. Call option players at this point in time are offered the opportunity to buy in for the leverage. One doesn't need a full recovery to $14.00 or more to make money. Any hint of a slight rebound witll move up the price of these options exponentially. It's Wednesday morning and these Calls don't expire until Friday. Let's see what happens. A late in the afternoon trading update.

Now we are waiting for a strong opening on the upside. Look at the volume picking up in this series of Calls. Looking at that indicator can fool you.Thursday morning. No strong opening.

Now at 10:00 a.m. Thursday morning.

To be continued. Here is how Ford closed on Thursday.

Things are not looking good. But wait. Friday afternoon.

These options have suprised! There was some random news.

This pop was somewhat unexpected but just think of how the Call holders who bought in on the close yesterday made out. I have done many blogs on Ford Calls. It can really jump on earning's reports and production number reports. Volatile stocks in this price range are good candidates for this kind of trading.